Property and Equipment, Net

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

4. Property and Equipment, Net

Property and equipment, net consisted of the following:

	December 31,						Useful Life
	2016			2015			(Years)
Computer Software	$	230,299		$	230,299		5 years
Equipment		549,365			548,156		15 years
Office Furniture and Equipment		98,192			95,754		7 years
Computer Hardware		32,992			32,992		5 years
Leasehold Improvements		309,374			303,318		(a)
Total		1,220,222			1,210,519
Less:  Accumulated Depreciation		(888,463	)		(801,271	)
Property and Equipment, Net	$	331,759		$	409,248

  (a)  Lesser of useful life or initial term of lease

Depreciation expense for the above assets for the years ended December 31, 2016 and 2015 was $87,192 and $108,369, respectively.